Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Non-room revenue streams prioritised by revenue management can detract from the core hospitality experience.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Overemphasis on local events and seasonality in revenue management can alienate regular, loyal customers.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Last-minute booking strategies driven by revenue management contribute to unpredictable and stressful guest experiences.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

The use of customer segmentation for revenue management can border on discriminatory pricing practices.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Revenue management's focus on short-term gains can lead to the neglect of long-term guest relationships.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Maximising room rates through revenue management often leads to price gouging during peak demand periods.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

The influence of online travel agencies on revenue management undermines direct relationships with guests..

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Artificial intelligence in revenue management threatens to eliminate jobs and depersonalise guest interactions.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

Over-reliance on data analytics in revenue management can strip the human touch from hospitality.

Have a profitable week !

✌🏼

Today's Revenue Management thought:-

Throughout August, I will be providing statements aimed to provoke deeper reflection and discussion on the potential pitfalls and ethical concerns associated with revenue management in the hospitality industry.

The aggressive use of dynamic pricing in hospitality prioritises profits over guest loyalty and satisfaction.

Have a profitable week !

✌🏼